Using an event study approach, we find significant valuation effects in a sample of Chinese listed firms following the outbreak of Russia-Ukraine conflict. Regression analysis further reveals that the involvement of global supply chain plays an important role in the shock transmission....

This study examines the impact of husbands’ wages on their wives’ labor force participation rates and hours worked in urban China from 1995 to 2018. We find that an increase in husbands’ wages reduces the labor force participation rate of married women with similar education levels....

In the era of precision medicine, time-to-event outcomes such as time to death or progression are routinely collected, along with high-throughput covariates. These high-dimensional data defy classical survival regression models, which are either infeasible to fit or likely to incur low...

The commercial paper (CP) market is an important source of short-term funding for highly-rated financial and nonfinancial firms, with over $1 trillion in outstanding assets. The Global Financial Crisis in 2008 and the COVID-19 crisis in March 2020 both demonstrated the fragility of the CP...

This paper investigates the impact of social media on financial reporting quality. By analyzing data from the leading Internet stock message board in China, we demonstrate that postings on stock message boards could promote earnings management. This finding is further enhanced by employing the...

This paper studies the MAX effect, the relationship between maximum daily returns and future returns in the cryptocurrency market. The cryptocurrency market is an ideal setting for the MAX effect, due to its lottery-like features (i.e., large positive skewness). Contrary to findings in other...

High hydrophobicity and environmental adaptability are the key performance indicators for the application of fly ash (FA) as waterproof filling material in landfill and building engineering. However, the related research of coupling reaction between inorganic and organic compounds is based on a...